Rent to own Homes in East Northport, NY
East Northport is a hamlet of Huntingdon, Suffolk County located on the north side of Long Island, New York. First established by English settlers in 1656 after they purchased land from the Matinecocks Native American Tribe, this town is now home to a population of just over 20,000 residents. Notable residents have included WWE wrestler Ashley Massaro and NASCAR driver Steve Park.
East Northport, NY is a great place for affordable rent-to-own homes! With a median household income of over $129,432 and a median rent of $1,957, the East Northport, NY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in East Northport, NY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near East Northport, NY
- Amityville
- Asharoken
- Babylon
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellmore
- Compo
- East Garden City
- East Meadow
- East Northport
- East Rockaway
- Elwood
- Flower Hill
- Freeport
- Glen Head
- Greenlawn
- Greens Farms
- Halesite
- Hauppauge
- Herricks
- Holbrook
- Huntington Bay
- Lake Ronkonkoma
- Levittown
- Lindenhurst
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Medford
- Mount Sinai
- Muttontown
- North Amityville
- North Merrick
- Northport
- North Wantagh
- Norwalk
- Port Jefferson Station
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Wheatley Heights
- Williston Park
- Wyandanch
Neighborhoods in East Northport, NY
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East Northport, NY is seeing rapid growth and East Northport, NY's' housing market remains not optimal with an average home price that is 125% above the 2024 national average. East Northport, NY is part of Suffolk county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Suffolk is 1.7% which is above the national average, which is 0.99%.
Median Home Price in East Northport, NY
Median Rent in East Northport, NY
Top 4 Reasons to Move to East Northport, NY
High home values and a stable market! East Northport real estate may not be the cheapest but the stable housing market means that it remains an excellent investment. Median sale prices come in at $457,300 compared to the New York State average of $295,300. The high demand for property in this area is reflected in the low vacancy rate of just 3%. The priciest real estate is found just north of Clay Pitts Road, while the area around the eastern stretch of Pulaski Road is the most affordable part of the community, due to the smaller sizes of homes. Rent to own properties are also a possibility here.
Wonderful local restaurants! Residents of East Northport are spoiled for choice when it comes to options for dining out. A long-time local favorite is La Villini Italian Restaurant on Larkfield Road, with popular dishes including their calamari and the cold seafood salad. Those with a craving for freshly made Mexican food will be delighted by El Ranchito, also found on Larkfield Road. Their fish tacos and margaritas are two of the highlights on their menu.
The annual festival! The East Northport Annual Festival takes place over three days in John Walsh Memorial Park next to County Road. It occurs each September and is hosted by the local chamber of commerce. It's the perfect occasion to meet other residents and to enjoy the crafts, live music, food trucks and carnival atmosphere. There is a wide variety of performers such as belly dancers, BMX stunt riders, and events for younger ones.
Home values are on the rise! Average house prices have risen by 3.53% in the past 12 months and this is a trend that looks set to continue, since Long Island is witnessing a strong recovery in its housing market. In particular, the neighborhood of East Vernon and the area around Burr Road and Holly Drive are seeing a surge in demand.